HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Re: Fool that I am...
20
Sep 18, 2008 07:41PM

You can likely call all most all forum members 'Bulls' of one kind or another. At the moment some are wee 'Jersey Bulls' being a bit timid and abused by the Market.

Noront's 'plan' may yet prove to be the right one and be vindicated as the Market turns around and interest returns to exploration.

We don't really know the plan but observation leads me to guess the following.

Give 'Chromium' the spotlight because we have, or will have, a world class deposit. Keep looking for Nickel cause we have a pocket full of rich valuable ore and can find enough to fill a few more pockets. Sell or spin off Windfall cause it will fill another pocket and will on it's own never be worth what we can find in the 'ROF'.

The problem so far, as I see it, is that investors are hearing 'World Class Chromium' but thinking 'Well that means the Nickel isn't worth what we were told earlier'. More investors leaving as they feel Nickel story is over than new investors coming due to the Chromium Story.

Dick Nemis hired some smart cookies but just maybe he's listening a bit too much to them instead of following his own gut instincts gained from years and years in this business. Sic Dick on the Market and claw back some of our lost market cap.



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